The Federal Reserve defies Trump’s stupid demands

The Federal Reserve defies Trump’s stupid demands

President Donald Trump is likely fuming in his office adorned by gilded Home Depot ornamentals after the Federal Reserve Board unanimously voted to raise interest rates Wednesday. For months, Trump tried to fire former Fed Chair Jerome Powell—even corruptly trying to push him out by threatening criminal charges if he didn’t step aside—because he refused to lower interest rates at Trump’s…

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